EconomyUK borrowing rate hits highest since 1998, highlighting public-finance pressure
Britain sold £4.25 billion ($5.75 billion) in 30-year bonds on Tuesday at the highest yield recorded for comparable debt since 1998. Rising global borrowing costs are putting pressure on new Finance Minister John Healey’s plans for his first budget.
R
Reuters★★★☆☆2026-09-08 17:10Original
UK borrowing rate hits highest since 1998, highlighting public-finance pressure
Economy